Chapter 11
This presentation is the property of its rightful owner.
Sponsored Links
1 / 32

Chapter 11 PowerPoint PPT Presentation


  • 81 Views
  • Uploaded on
  • Presentation posted in: General

Chapter 11. Know how to read a product map. Goods and services offered by businesses ______________. supply. How did Cyrus McCormick make life easier for farm workers ?. Cyrus McCormick invented the reaper. How does a business make a profit?.

Download Presentation

Chapter 11

An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -

Presentation Transcript


Chapter 11

Chapter 11


Know how to read a product map

Know how to read a product map


Goods and services offered by businesses

Goods and services offered by businesses______________


Supply

supply


How did cyrus mccormick make life easier for farm workers

How did Cyrus McCormick make life easier for farm workers?


Cyrus mccormick invented the reaper

Cyrus McCormick invented the reaper.


How does a business make a profit

How does a business make a profit?


A business makes a profit when it sells a product for more than it paid for the product

A business makes a profit when it sells a product for more than it paid for the product.


How does a business compete with other businesses or shops

How does a business compete with other businesses or shops?


The business or shop offers the best prices and provides good service

The business or shop offers the best prices and provides good service.


A kind of technology that lets people share information instantly

A kind of technology that lets people share information instantly _________________


Communication link

Communication link


If there is a great demand for a product and a low supply of it the price will usually be

If there is a great demand for a product and a low supply of it, the price will usually be _____________________


Very high

Very high


The demand of a product will be small if

The demand of a product will be small if ___________________


People decide to save their money rather than spend it

People decide to save their money rather than spend it


N ew ideas and products

new ideas and products___________________


Innovations

innovations


How was henry ford able to sell more cars at a lower price

How was Henry Ford able to sell more cars at a lower price?


By using an assembly line ford could produce cars quickly and cheaply

By using an assembly line, Ford could produce cars quickly and cheaply.


Chapter 11

Which of the following resources were NOT used in Henry Ford’s factory?A. robotsB. raw materialsC. human resources D. capital resources


Robots

robots


Louis daguerre introduced people to photography when he found a way to

Louis Daguerre introduced people to photography when he found a way to ………


Prevent images from fading away

prevent images from fading away


T o do just one kind of work or to sell just one kind of product

to do just one kind of work or to sell just one kind of product _________________


Specialize

specialize


Why is international trade different today from trade during marco polo s time

Why is international trade different today from trade during Marco Polo’s time?


Technology has made it easier and faster for people to buy and sell goods

Technology has made it easier and faster for people to buy and sell goods


What do interdependent countries do

What do interdependent countries do?


Interdependent countries exchange goods and services

Interdependent countries exchange goods and services.


A factory setup in which each worker adds one part to a product as it passes on a moving belt

A factory setup in which each worker adds one part to a product as it passes on a moving belt _________________


A ssembly line

assembly line


  • Login